Volvo Financial Services originations up 18%
Commercial financier Volvo Financial Services’ new retail financing volume reached a record in the third quarter amid “fierce competition” from ...
Tag: commercial financing
California has an electric big rig mandate, manufacturers will struggle to meet it
California became the first state in the US to set emissions standards for trucks earlier this year. The rules are ...
Farm equipment inventory is up 36% YoY
Agriculture equipment inventories picked up in September, a time when seasonality typically drives supply down. Agriculture equipment inventories and values ...
Ford’s lucrative pickup plant hit by major strike escalation
Ford Motor Co. became the latest strike target for the United Auto Workers after members walked out of its largest ...
Equipment industry repos, abandonments on the rise
Equipment repossessions and abandonments continue to grow in the equipment industry as default rates rise from pandemic-era lows. Repossessions have ...
United Auto Workers call unprecedented strike at all three Detroit automakers
The United Auto Workers began a strike Friday against all three of the legacy Detroit carmakers, an unprecedented move that ...
TRATON Financial Services revenue up 21% YoY
TRATON Financial Services’ revenues increased in the first half of 2023 as unit sales picked up for trucks and buses. ...
Used-truck gains push up PACCAR Financial revenue
Increasing used-truck profitability pushed up PACCAR Financial Services revenue in the second quarter as sales and managed assets jumped. PACCAR ...
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